I'm going to build a 8x8x8 Led RGB Cube, therefore I will need a lot of Power which the arduino can't handle, so I'm using a 12V 20A (I know 20A isn't necessary but I had one laying around).

So the question is, is it possible to power the arduino over the Vin Pin with the 12V and program / communicate over serial connection in the same time? Like a real time programmed RGB LED Cube.

^{simulate this circuit – Schematic created using CircuitLab}